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Alphabet, Amazon are buys ahead of earnings results, portfolio manager says
World

Alphabet, Amazon are buys ahead of earnings results, portfolio manager says

Alphabet and Amazon are buying opportunities ahead of their earnings results, while other plays on artificial intelligence such as Quanta Services are set to get a strong boost, according to Keith Gangl, senior portfolio manager at Gradient Investments. Gangl joined “Power Lunch” on Tuesday to offer his thoughts on the “Magnificent Seven” companies ahead of […]

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Wall Street is upbeat on tech megacaps, but big questions loom on AI spending, China, Trump tariffs
Technology

Wall Street is upbeat on tech megacaps, but big questions loom on AI spending, China, Trump tariffs

Mark Zuckerberg, CEO of Meta Platforms Inc.; from left, Lauren Sanchez; Jeff Bezos, founder of Amazon.com Inc.; Sundar Pichai, CEO of Alphabet Inc.; and Elon Musk, CEO of Tesla Inc., during the 60th presidential inauguration in the rotunda of the U.S. Capitol in Washington, D.C., on Jan. 20, 2025. Julia Demaree Nikhinson | Bloomberg | […]

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Stock futures are little changed after S&P 500 posts another record close: Live updates
World

Stock futures are little changed after S&P 500 posts another record close: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on July 18, 2025, in New York City. Angela Weiss | AFP | Getty Images Stock futures were little changed on Monday night after the S&P 500 and Nasdaq Composite hit fresh records. Futures tied to the Dow Jones […]

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YouTube wipes out thousands of propaganda channels linked to China, Russia, others
Technology

YouTube wipes out thousands of propaganda channels linked to China, Russia, others

Beata Zawrzel | Nurphoto | Getty Images Google announced Monday the removal of nearly 11,000 YouTube channels and other accounts tied to state-linked propaganda campaigns from China, Russia and more in the second quarter. The takedown included more than 7,700 YouTube channels linked to China. These campaigns primarily shared content in Chinese and English that […]

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New Astronomer CEO gives first statement since Coldplay kiss-cam scandal
Technology

New Astronomer CEO gives first statement since Coldplay kiss-cam scandal

Chris Martin of Coldplay performs live at San Siro Stadium, Milan, Italy, in July 2017. Mairo Cinquetti | NurPhoto | Getty Images Astronomer’s interim CEO said in his first public comment since unexpectedly taking over the role on Saturday that he hopes to move the tech startup past the viral moment that captured national attention […]

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JPMorgan Chase overhauls quantum computing leadership, poaches State Street executive
Finance

JPMorgan Chase overhauls quantum computing leadership, poaches State Street executive

Key Points JPMorgan Chase has overhauled the leadership of its internal research group responsible for quantum computing and other forms of advanced technology, CNBC has learned. Marco Pistoia, the former IBM inventor who became head of JPMorgan’s applied research group in 2020, has recently left the bank, according to a person briefed on the matter. […]

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Figma IPO could value design software maker at  billion
World

Figma IPO could value design software maker at $16 billion

Dylan Field, co-founder and CEO of Figma Inc., after the morning sessions at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 11, 2024. David Paul Morris | Bloomberg | Getty Images Design software company Figma on Monday published an updated prospectus for its initial public offering. The company said […]

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CNBC Daily Open: Solid earnings beats might mask tariff volatility these two weeks
World

CNBC Daily Open: Solid earnings beats might mask tariff volatility these two weeks

A JPMorgan Chase & Co. Wealth Management sign in New York, U.S., on Thursday, July 10, 2025. Gabby Jones | Bloomberg | Getty Images Friday, Aug. 1 — the “hard deadline” of U.S. President Donald Trump’s updated tariffs — is less than two weeks away. Investors, however, seem mostly unbothered thus far. For last week, […]

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Stock futures are little changed as traders await big tech earnings, eye trade developments: Live updates
World

Stock futures are little changed as traders await big tech earnings, eye trade developments: Live updates

Traders work on the floor at the New York Stock Exchange in New York City, U.S., July 15, 2025. Jeenah Moon | Reuters U.S. stock futures were little changed Sunday night as investors tracked the latest developments on trade, and awaited the start of big tech earnings this week. Dow Jones Industrial Average futures fell […]

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Top Wall Street analysts are confident about the potential of these 3 stocks
World

Top Wall Street analysts are confident about the potential of these 3 stocks

Idrees Abbas | SOPA Images | Lightrocket | Getty Images The earnings season is on, and investors are paying attention to how the leading companies are faring. However, tariffs and other challenges remain on the minds of investors. While top Wall Street analysts also watch the quarterly results closely, they generally have a broader focus […]

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